PROFIT AND LOSS SET 2

Q1. A cash payment that will settle a bill for 250 chairs at Rs. 50 per chair less 20% and 15% with a further discount of 5% on cash payment is?

(a) Rs. 8075
(b) Rs. 7025
(c) Rs. 8500
(d) None of these

Q2. An oil refinery takes 1000 L of crude oil as input and after refining for 1 hour gives a certain amount of output oil X L. This can be sold in the market at a profit of Rs. 30 per L. If this oil is further refined for 1/2h, it gives oil Y L. This can be sold at a profit of Rs. 50 per L. Output and input ratio at both the stages is 90%. The maximum amount that can be earned from 1000 L of crude input is?

(a) Rs. 40000
(b) Rs. 30000
(c) Rs. 27000
(d) Rs. 40500

Q3. A manufacturer sells a pair of glasses to a wholesale dealer at a profit of 18%. The wholesaler sells the same to a retailer at a profit of 20%. The retailer, in turn, sells them to a customer for Rs. 30.09, thereby earning a profit of 25%. The cost price for the manufacturer is?

(a) Rs. 15
(b) Rs. 16
(c) Rs. 17
(d) Rs. 18

Q4. A dealer offers a cash discount of 20% and still makes a profit of 20% ,when he further allows 16 articles to a dozen to a particularly sticky bargainer. How much percent above the cost price was his wares listed?

(a) 100%
(b) 80%
(c) 75%
(d) 66 2/3%

Q5. Instead of a meter scale cloth merchant uses a 120 cm scale while buying but uses an 80 cm scale while selling the same cloth. If he offers a discount of 20 percent of cash payment, what is his overall percent profit?

(a) 20%
(b) 25%
(c) 40%
(d) 15%

ANSWERS